Jessops to go into administration ?

I never purchased ANYTHING from Jessops other than about 5 prints ordered online for local pickup.
I have spent allot on gear, yet my local Jessops didn't stock anything that I bought.
If I wanted anything decent, Jessops never even entered my mind.

I'm sure it's a loss for some (I feel bad for the people who work there), but losing my local Jessops doesn't impact me whatsoever.

Jessops should have closed all the small non-profit making stores and only kept the biggest open. And while it still had capital, it should have invested heavily in an online strategy. Some of these high street stores deserve to go under if only for their lack of foresight. It's just a shame the average employee has to suffer from the incompetence of upper management.

Having said that, it is getting ever increasingly hard to for any UK e/retailer, due to places like digital rev, amazon etc.
Due to excessive VAT & Duty. UK retailers are just less competitive, and their only advantage is proximity and warranty. If they keep increasing VAT, expect more retailers to go down the swan.
 
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the biggest problems for the high street and large chain stores trying to go toe to toe with the internet while charging the same prices, as well as amazon and others getting away with paying sod all taxes.

even if the tax deal was sorted large chains would still be going bump although at a slower rate.
 
An Exception said:
I never purchased ANYTHING from Jessops other than about 5 prints ordered online for local pickup.
I have spent allot on gear, yet my local Jessops didn't stock anything that I bought.
If I wanted anything decent, Jessops never even entered my mind.

I'm sure it's a loss for some (I feel bad for the people who work there), but losing my local Jessops doesn't impact me whatsoever.

Jessops should have closed all the small non-profit making stores and only kept the biggest open. And while it still had capital, it should have invested heavily in an online strategy. Some of these high street stores deserve to go under if only for their lack of foresight. It's just a shame the average employee has to suffer from the incompetence of upper management.

Having said that, it is getting ever increasingly hard to for any UK e/retailer, due to places like digital rev etc.
Due to excessive VAT & Duty, UK retailers are just much less competitive. If they keep increase VAT, expect more retailers to go down the swan.
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Sometimes they have small accessories for cheap in clearance, so I used to reserve and collect as the one near me at work seems to have good stock.

In terms of bigger things, I bought the 10-22 from there (they had a decent price and wanted it on the day, funnily sold it to someone here 1 month later!) and the 400 f2.8 mainly due to a) I knew they would order it direct from Canon, will be a recent build with latest FW and it wasnt sitting in a warehouse for curious people to have a look (the one I received had a build date of Nov 2012 and 1.1.0 which is latest with the 2 fixes) and b) the cashback which was 4% or so, which was meant to be over £300 but doubt I'll get that now!
 
apeksdiver said:
A loss for the high street, but there are better camera retailers out there.
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Jacobs tended to be better and they are also gone.

I hope LCE survives and some of the bigger independent stores.

An Exception said:
digital rev, amazon etc.
Due to excessive VAT & Duty. UK retailers are just less competitive, and their only advantage is proximity and warranty. If they keep increasing VAT, expect more retailers to go down the swan.
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Moreover,a number of these companies who operate outside the UK also tend to not declare the proper value of the items they send to the UK,ie,so the customer pays less import duty. The problem is that UK companies have to pay the full duty meaning they really cannot compete on price alone.
 
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another issue i forgot to mention is the local authorities, both local councils near me have been upping rates and rents for the units they control year on year. even though they talk about helping out local shops and the high street they have been slowly killing it off and wont even talk to anyone about the rates and rents.

a friend is looking at a place where he is and they want £500 a month rent and the same again in rates and its not even a large unit. so £12k a year before he's even turned a light on, its mental.
 
GAC said:
another issue i forgot to mention is the local authorities, both local councils near me have been upping rates and rents for the units they control year on year. even though they talk about helping out local shops and the high street they have been slowly killing it off and wont even talk to anyone about the rates and rents.
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This.

Some councils don't appear to understand the value of having good quality specialist shops. There will be cash cow coffee places next door. But half the foot traffic is only there due to the quality places which make much less profit.
 
It's a shame, I felt they were trying to turn a corner and for instance now had setup most of their shops so you could try cameras without asking.

When people mention loss making branches. Bare in mind that it can sometimes be smaller branches that are most profitable. A small branch slightly off the beaten track will have much lower overheads that a branch in a prestigious shopping centre. In a shopping centre there's also likely to be more competition.
 
I was in today and the Canon 70-200 MkII was £150 cheaper than Amazon and it it wasn't even on sale!, so for some things it beat the interweb shops (***edit*** it was part of the Canon Cashback scheme, my bad!). I think the rise of better and better camera phones is slowing the the sale of Point and Shoot style cameras which are Jessops main sellers :(
 
Wonder what will happen to the "Care Plan" (type of an extended warranty) that they so badly try to sell with everything?
When I went to get my first DSLR they were all singing and dancing about me being not having to worry about ANYthing bad that happens to it.
 
Avathar77 said:
Wonder what will happen to the "Care Plan" (type of an extended warranty) that they so badly try to sell with everything?
When I went to get my first DSLR they were all singing and dancing about me being not having to worry about ANYthing bad that happens to it.
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Its all handled by Domestic & General so should I hope be ok as my D600 and Sony HX10 are bother covered by it. Same as when other High Street stores went down.
 
Woden said:
The high street will survive, it just has to adapt.
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As somebody else already mentioned, what seems to be springing up more and more on many high streets now are pound shops.

Going a little off-topic, but there was a BBC Panorama on it a few weeks back and most retail experts believe we are moving to a country that will be dominated by them and a real war between companies. The high-street near me already has a good number and a gym recently got shut down and turned into one!
 
TheAnimus said:
http://www.petapixel.com/2012/04/26/dslr-sales-surging-despite-onslaught-from-camera-phones/

Nope!

It is in fact very possible that due to high end camera phones, people want cameras which can take better photographs.

The problem I've found is jessops are only keen to sell what's on special offer at the time.

A few months back my mum wanted a DSLR, so I figured I'd buy her one whilst I was at my parents, jessops the logical choice. The sales person just didn't understand we needed one with Live View, that lasted a while on battery. Kept firmly informing us that its not as good etc. My mum is diabetic and so finds her eyes change a lot, making the SLR viewfinder a bit useless some days. This sales person was unable to grasp that, and intent on trying to sell a nikon.
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All current Nikon's have Live View, and have for some time so the sales person was indeed selling you a camera that has Live View.
 
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